7923 Rainier Ave S, Seattle, WA 98118

Office · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use building, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 957 reachable office buildings in Seattle. Larger than 5% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 2,248 SF, King County Assessor
Lot size: 4,065 SF, King County Assessor
Year built: 1962, King County Assessor
Stories: 1, King County Assessor
Predominant use: Medical/Dental Office, King County Assessor
Assessed value: $507,100, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $225.58/SF, derived from assessor records
Lot coverage: 55%, derived from assessor records
Vintage: 1960s vintage
Zoning: LR3 (M), King County
County use code: Medical/Dental Office
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

8334 Rainier Ave S, Seattle · 0.1 mi · 10,688 SF · built 2001 · assessed $182.13/SF
4401 S Trenton St, Seattle · 0.6 mi · 12,073 SF · built 2018 · assessed $425.16/SF
9000 Renton Ave S, Seattle · 0.6 mi · 9,252 SF · built 1999 · assessed $273.24/SF
9416 Martin Luther King Jr Way S, Seattle · 1 mi · 2,300 SF · built 1941 · assessed $605.97/SF
5500 Rainier Ave S, Seattle · 1.6 mi · 4,419 SF · built 1962 · assessed $227.43/SF
5511 Rainier Ave S, Seattle · 1.6 mi · 2,457 SF · built 1908 · assessed $227.88/SF

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Sale history and market context

MakeMe Estimate: $696,711 (estimated market value), with a likely range of $629,654 to $907,781 (half of recent verified sales in this segment landed inside that range). Based on 55 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 2004 (about 22 years) per recorded transfers.

2004-07-29: $550,000 from Cederstrand Rentals LLC to Mcintyre Properties North West LLC (part of a 2-parcel sale; price is the whole deal), rec. 20040804000565

2 administrative transfers (no consideration), 1987 to 2003

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $398,600 (2011) to $507,100 (2026), up 27% over 15 years, per county tax rolls. The 2026 roll splits $507,100 into $325,200 land and $181,900 improvements.

Zoning: LR3 (M) (per King County)

Lot: 4,065 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Medical Office 2,248 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)